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During the current year, your company lent $49,591 at 3.1% for 5 months. Calculate the total interest that your company will receive on this note.
During the current year, your company lent $49,591 at 3.1% for 5 months. Calculate the total interest that your company will receive on this note. (round to the nearest dollar and do not enter dollar sign or comma. e.g. Enter $5,421.42 as 5421)
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